June 27, 2017 10:00 PM ET

Construction and Engineering

Company Overview of Rail Vikas Nigam Limited

Company Overview

Rail Vikas Nigam Limited engages in the construction of rail infrastructure projects in India. It undertakes project development and implementation, as well as provides resource mobilization for various projects. The company implements various rail infrastructure projects, such as doubling, gauge conversion, new lines, railway electrification, bridges, workshops, production units, and extension of the Kolkata Metro Rail System. It also develops and implements high speed rail projects. The company was founded in 2003 and is based in New Delhi, India.

August Kranti Bhawan

1st Floor

Bhikaji Cama Place

R. K. Puram

New Delhi,  110066

India

Founded in 2003

Phone:

91 11 2673 8195

Fax:

91 11 2618 2957

Key Executives for Rail Vikas Nigam Limited

Chairman and Managing Director
Chief Financial Officer, Director of Finance and Whole-Time Director
Director of Operations and Whole-Time Director
Chief Vigilance Officer
Company Secretary
Compensation as of Fiscal Year 2016.

Rail Vikas Nigam Limited Key Developments

Govt Lists IOC, NTPC, SAIL for INR 725 billion Disinvestment Plan For 2017-18

On April 12, 2017, the cabinet committee on economic affairs cleared the listing of shares in Rail Vikas Nigam Limited (RVNL), IRCON International Limited, Indian Railway Finance Corporation Limited, Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), RITES Ltd., Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders & Engineers Ltd., Mazagon Dock Shipbuilders Limited (MDSL), North Eastern Electric Power Corporation Limited, MSTC Limited and Mishra Dhatu Nigam Limited. The listing of these companies will be through public offer of shares upto 25% of government's shareholding. he advisers have been asked to send their proposals to the finance ministry by May 12, 2017.

Indian Government Has Lined Up 9 Rail PSU For IPO

Indian government has lined up 9 Rail PSU for IPO. Government has lined up 9 rail PSUs for IPO. Determined to meet its INR 725 billion disinvestment target in the fiscal 2017-18, the government is preparing to line up nine more railway PSUs, including Konkan Railway Corporation Limited and Kolkata Metro Rail Corporation Ltd., for initial public offer (IPO). In addition, it is already planning further stake sale in five listed PSUs, either through public offer or share buyback. Mumbai Railway Vikas Corporation Ltd, Rail Vikas Nigam Limited, RailTel Corporation of India Ltd., Dedicated Freight Corridor Corporation of India Limited, Burn Standard Company Limited, Braithwaite & Company Limited and Bharat Wagon & Engineering Company Ltd. are the other railway PSUs identified for listing in the coming financial year 2017-18, according to government sources.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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